"Posco Construction with 'Zero Major Accidents' to Provide Incentives to All Employees"

A POSCO Engineering & Construction employee is checking the safety status while looking at the smart site management system. (Photo by POSCO Engineering & Construction)

[Asia Economy Reporter Ryu Tae-min] POSCO Engineering & Construction announced on the 9th that no serious accidents occurred last year. Accordingly, it paid safety incentives of 2 million KRW to all employees.

POSCO Engineering & Construction has been operating the "No Accident Achievement Incentive" system since 2021. The core of the system is to pay a predetermined amount of incentives to all employees if no serious accidents occur during the first and second halves of the year, to firmly establish a corporate culture that prioritizes safety. In the first half of 2021, 500,000 KRW was paid to all employees. Last year, it was the only one among the top 10 domestic construction companies to maintain zero serious accidents throughout the year, paying 1 million KRW each in the first and second halves, totaling 2 million KRW.

POSCO Engineering & Construction is implementing various programs for safety management. The "Safety Report Center," operated since 2021, is a system where anyone, including partner company employees, can report if they witness unsafe conditions or are asked to perform unsafe tasks on site. Last year, more than 700 proactive reports and improvement activities were made, including requests for safety measures in fall hazard areas, improvements in night and holiday work conditions, and requests for rest area installations.

In addition, the "Smart Safety Belt," which allows real-time confirmation of whether high-altitude workers have fastened their safety hooks, is reducing the risk of fall accidents. Drones that detect and alert risks in high-altitude work such as bridge, transmission tower, and tower crane installation are also being actively utilized.

Furthermore, fire watchers were assigned at construction sites nationwide to frequently inspect fire and explosion safety measures. A "Confined Space Work Program" was established to mandatorily check whether procedures at pre-, during-, and post-stages of concrete curing work are performed.

POSCO Engineering & Construction plans to continue its safety-first management policy this year as well. In his New Year's address, President Han Sung-hee emphasized, "Safety is a critical issue that can determine the survival of the company, and safety must continuously be the top management priority," adding, "We must further refine safety management personnel and establish a system that predicts risks in advance and prevents them proactively through Smart Safety."

This content was produced with the assistance of AI translation services.